Wedbush Has Pessimistic Outlook of ASO FY2025 Earnings

Academy Sports and Outdoors, Inc. (NASDAQ:ASO) – Stock analysts at Wedbush dropped their FY2025 earnings per share (EPS) estimates for shares of Academy Sports and Outdoors in a research note issued on Wednesday, December 11th. Wedbush analyst S. Basham now expects that the company will post earnings per share of $5.66 for the year, down from their previous forecast of $6.09. Wedbush currently has a “Outperform” rating and a $65.00 price objective on the stock. The consensus estimate for Academy Sports and Outdoors’ current full-year earnings is $5.92 per share. Wedbush also issued estimates for Academy Sports and Outdoors’ Q3 2026 earnings at $1.03 EPS and FY2026 earnings at $6.26 EPS.

Academy Sports and Outdoors (NASDAQ:ASO) last announced its earnings results on Tuesday, December 10th. The company reported $0.98 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.28 by ($0.30). The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.39 billion. Academy Sports and Outdoors had a net margin of 7.49% and a return on equity of 23.32%. The firm’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same period in the prior year, the business posted $1.38 EPS.

Several other equities analysts have also recently weighed in on the company. Loop Capital restated a “buy” rating and issued a $77.00 price objective on shares of Academy Sports and Outdoors in a report on Wednesday, September 11th. Telsey Advisory Group decreased their price target on Academy Sports and Outdoors from $65.00 to $60.00 and set an “outperform” rating for the company in a research note on Thursday, December 5th. Wells Fargo & Company upped their price objective on Academy Sports and Outdoors from $46.00 to $51.00 and gave the stock an “equal weight” rating in a research note on Wednesday, September 11th. Truist Financial increased their price objective on Academy Sports and Outdoors from $50.00 to $51.00 and gave the company a “hold” rating in a report on Wednesday, December 11th. Finally, TD Cowen boosted their target price on shares of Academy Sports and Outdoors from $54.00 to $56.00 and gave the stock a “hold” rating in a report on Wednesday, September 11th. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $61.07.

Academy Sports and Outdoors Stock Up 1.9 %

Shares of ASO stock opened at $54.31 on Monday. The firm’s fifty day moving average price is $51.41 and its two-hundred day moving average price is $53.44. The company has a current ratio of 1.57, a quick ratio of 0.41 and a debt-to-equity ratio of 0.25. Academy Sports and Outdoors has a 1 year low of $44.73 and a 1 year high of $75.73. The firm has a market capitalization of $3.77 billion, a P/E ratio of 8.92, a PEG ratio of 1.06 and a beta of 1.31.

Academy Sports and Outdoors Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, December 18th will be paid a $0.11 dividend. The ex-dividend date of this dividend is Wednesday, December 18th. This represents a $0.44 dividend on an annualized basis and a yield of 0.81%. Academy Sports and Outdoors’s dividend payout ratio (DPR) is currently 7.22%.

Insider Activity

In other Academy Sports and Outdoors news, Director Jeffrey C. Tweedy sold 1,200 shares of the business’s stock in a transaction dated Wednesday, September 18th. The shares were sold at an average price of $62.00, for a total value of $74,400.00. Following the completion of the sale, the director now owns 8,906 shares of the company’s stock, valued at $552,172. The trade was a 11.87 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 2.19% of the stock is owned by company insiders.

Institutional Investors Weigh In On Academy Sports and Outdoors

Several institutional investors and hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC lifted its stake in Academy Sports and Outdoors by 253.1% during the second quarter. SG Americas Securities LLC now owns 14,757 shares of the company’s stock worth $786,000 after purchasing an additional 10,578 shares during the last quarter. Blue Trust Inc. grew its position in Academy Sports and Outdoors by 94.7% during the 2nd quarter. Blue Trust Inc. now owns 2,149 shares of the company’s stock worth $114,000 after acquiring an additional 1,045 shares during the last quarter. Raymond James & Associates increased its holdings in Academy Sports and Outdoors by 1.4% in the 2nd quarter. Raymond James & Associates now owns 39,224 shares of the company’s stock worth $2,089,000 after purchasing an additional 538 shares in the last quarter. Dupree Financial Group LLC bought a new position in Academy Sports and Outdoors in the second quarter valued at about $3,233,000. Finally, Louisiana State Employees Retirement System boosted its stake in shares of Academy Sports and Outdoors by 1.1% during the second quarter. Louisiana State Employees Retirement System now owns 37,100 shares of the company’s stock valued at $1,976,000 after purchasing an additional 400 shares in the last quarter.

Academy Sports and Outdoors Company Profile

Academy Sports and Outdoors, Inc, through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States. The company outdoor division comprises camping products, such as coolers and drinkware, and camping accessories and equipment,; fishing products, including marine equipment and fishing rods, reels, and baits and equipment; and hunting products, which includes firearms, ammunition, archery and archery equipment, camouflage apparel, waders, shooting accessories, gun safes, optics, airguns, and hunting equipment.